2022
Flag  
GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
Flag
GDP PC 
$29,350CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
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About

Spain-New Caledonia Trade: In 2022, Spain exported $27.6M to New Caledonia. The main products that Spain exported to New Caledonia were Cars ($3.27M), Electrical Power Accessories ($1.94M), and Low-voltage Protection Equipment ($1.4M). Over the past 5 years the exports of Spain to New Caledonia have decreased at an annualized rate of 1.05%, from $29.1M in 2017 to $27.6M in 2022.

In 2022, Spain did not export any services to New Caledonia.

New Caledonia-Spain Trade: In 2022, New Caledonia exported $51.4M to Spain. The main products that New Caledonia exported to Spain were Ferroalloys ($50.9M), Non-fillet Frozen Fish ($387k), and Non-Iron and Steel Slag, Ash and Residues ($68.2k). Over the past 5 years the exports of New Caledonia to Spain have increased at an annualized rate of 9.94%,  from $32M in 2017 to $51.4M in 2022.

In 2022, New Caledonia did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, New Caledonia ranked 138 in total exports ($2.87B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $27.6M to New Caledonia. The main products exported from Spain to New Caledonia were Cars ($3.27M), Electrical Power Accessories ($1.94M), and Low-voltage Protection Equipment ($1.4M). During the last 5 years the exports of Spain to New Caledonia have decreased at an annualized rate of 1.05%, from $29.1M in 2017 to $27.6M in 2022.

In 2017, New Caledonia exported $51.4M to Spain. The main products exported from New Caledonia to Spain were Ferroalloys ($50.9M), Non-fillet Frozen Fish ($387k), and Non-Iron and Steel Slag, Ash and Residues ($68.2k). During the last 5 years the exports of New Caledonia to Spain have increased at an annualized rate of 9.94%, from $32M in 2022 to $51.4M in 2017.

Exports from Spain (Flag) to New Caledonia (Flag) (2022)

Exports from New Caledonia (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
New Caledonia
Top Destination
China$1.79B

This map shows whether countries import more from Spain or New Caledonia. Each country is colored based on the difference in imports they receive from Spain and New Caledonia or the difference in the growth in imports.

In 2022, countries that imported more from Spain than New Caledonia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, no countries were registered that imported more from New Caledonia than from Spain.

Difference in imports from New Caledonia (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - New Caledonia

Flow
Scale

This chart compares trade between Spain and New Caledonia by product, considering products traded by both, Spain and New Caledonia.

During 2022, Spain had a large net trade with New Caledonia in the exports of Machines ($5.39M), Transportation ($4.81M), and Chemical Products ($3.4M).

During 2017, New Caledonia had a large net trade with Spain in the exports of Metals ($50.9M), Animal Products ($387k), and Mineral Products ($68.2k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and New Caledonia. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over New Caledonia. Similarly, a dot/product with the flag of New Caledonia indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and New Caledonia (Flag) (2022)

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